Hyatt Regency is a full-service, upscale hotel offering accommodations, dining, and event planning services. The franchise provides a luxurious setting with top-notch amenities for business and leisure travelers.
Key Insights
- Hyatt Regency established itself as a full-service hotel brand targeting business travelers and meeting planners, featuring extensive meeting facilities, multiple dining options, and comprehensive business services that support corporate events, conferences, and executive travel needs in major metropolitan and resort destinations.
- The service model emphasizes professional meeting and event support with dedicated sales teams, advanced audiovisual capabilities, and flexible meeting spaces, complemented by upscale dining venues and recreational amenities that create comprehensive experiences for business and leisure guests.
- The full-service hotel industry serves growing demand for meeting and event facilities as businesses prioritize face-to-face interactions and professional development, creating opportunities for properties that can provide comprehensive services with modern amenities and prime locations.
Franchise Fee and Costs to Open
Exploring the financial picture of Hyatt Regency gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $73,485,976 - $492,565,733, along with a franchise fee of $100,000 - $400,000.
Financial Performance and Revenue
Training and Resources
Hyatt Regency provides comprehensive training and resources for new franchisees. Initial training, approximately three weeks in length, is offered at a designated Hyatt training facility. This program covers operational best practices and brand standards. Hyatt Regency also provides ongoing support and access to brand resources to assist franchisees in their venture.
Legal Considerations
Legal considerations for a Hyatt Regency franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Hyatt Regency franchise involves navigating a competitive local market, demanding consistent adherence to brand standards across complex operations, and managing dependencies on established supply chains. Franchisees will consider the impact of local tourism trends, guest expectations for service delivery, and the need for reliable procurement of goods and services to maintain the brand's reputation.
Franchise Datasheet
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